Vacation Giant & Airline Thomas Cook Verges on Collapse by Don Quijones • May 17, 2019 • 32 Comments Citi Group analysts slashed their price target to zero.
UK Banks Double Down on High-Risk Mortgage Products to Prop Up Housing Market by Don Quijones • May 16, 2019 • 50 Comments Like the mortgage crisis never happened.
After Shares Collapse, Mini Bank-Run Begins as UK Lender Counts Cost of Broken Trust by Don Quijones • May 13, 2019 • 28 Comments This time it’s about the safe deposit boxes at Metro Bank.
Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England by Don Quijones • May 8, 2019 • 18 Comments Chinese corporate defaults this year through April are 3.4 times the amount last year.
Businesses in “Critical Distress,” Bankruptcies Surge in the UK by Don Quijones • May 7, 2019 • 21 Comments “Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.
Global Foreign Direct Investment Flows Collapse by Don Quijones • May 2, 2019 • 28 Comments More and more companies either choose not to invest in other countries or are prevented from doing so.
Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth. Now it Ticked Up Again by Don Quijones • Apr 27, 2019 • 30 Comments “The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.
US Auto Imports from Mexico Surge 10% in Q1 to New Record, Despite Dropping Sales in the US by Don Quijones • Apr 24, 2019 • 19 Comments 16% of the 4 million new vehicles sold in the US in Q1 were assembled in Mexico.
London Home Prices Had Biggest Monthly Drop Since Lehman by Don Quijones • Apr 20, 2019 • 31 Comments February was bad. Housing market weakness is now spreading out from London.
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS by Don Quijones • Apr 18, 2019 • 19 Comments Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
